Vice’s First TV Network Was Inspired By Netflix 

Vice CEO Shane Smith sees the future of television and it looks a lot like Netflix. Sitting alongside Viceland President and Academy Award winning director Spike Jonze at the Code/Media conference, Smith explained how Netflix’s success proves Vice’s first TV network, Viceland, will work. Smith explained when Netflix puts out a hit show, its stock rises, allowing the company to leverage for more content, creating a seemingly endless cycle of revenue. Looking at that model, Smith says Vice’s mentality for its first TV network was “Well, we would like to own the pipe, so that if we have hits … then we raise our enterprise value.”

Source: Vice’s First TV Network Was Inspired By Netflix | Digital Trends